335: Ken McElroy - How To Get Money For Your Property
About this episode
To get money for real estate, you don't always have to save up every dollar yourself.
You can use:
Equity from another property - my favorite
Seller-paid closing costs
Seller financing
House hacking
Rent income from duplexes and fourplexes
Lease-Purchase Agreement
Mortgage assumptions
Seller-held second mortgages
Syndication
Partnerships
Ken McElroy joins me to discuss how to attract investors to your real estate deal and more.
He outlines borrowing from your 401(k) and using your retirement plan for real estate.
Teach others about what you know. Just give with nothing in return expected. People will trust you later when you have a real estate deal.
Resources mentioned:
Ken's free resource:
www.kenmcelroy.com/getricheducation
Show Notes:
Mortgage Loans:
New Construction Turnkey Property:
Ali Boone's Recommended Book:
EQRPs: text "EQRP" in ALL CAPS to 72000 or:
By texting "EQRP" to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply "STOP" to cancel.
Best Financial Education:
Get our free, wealth-building "Don't Quit Your Daydream Letter":
www.GetRichEducation.com/Letter
Top Properties & Providers:
Follow us on Instagram:
Keith's personal Instagram:
Get every episode summarized
Each time Get Rich Education publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Get Rich Education
Why Getting Rich Doesn't Feel Rich—The Baseline Trap | 622
Get Rich Education
The Deals Changed—Did You? Future Interest Rates and Inflation | 621
Get Rich Education
Alarmist Predicts an 80%–95% Housing Crash | 620
Get Rich Education
619: The World is About to End (Again), The Seven-Figure Solution
Get Rich Education